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Fuel Price Increase: Prices At Farmers Markets Will Still Be Lower

SEREMBAN – Alhough fuel prices have increased for March, prices at farmers’ markets will be still be lower as compared to other markets, said Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob.

“The price reduction programme for at least 73 items which I launched recently will continue. The cost of these items will be lower by between five and 20 per cent at farmers’ markets as compared to other markets.

“So the people need not worry. I hope traders, who gave the excuse that the fuel cost component was not the reason not to bring prices down when fuel prices were lower, wil be consistent in their stand by not raising prices now that fuel prices have gone up again,” he told a press conference after a “Leaders with the People” event the Paroi Jaya Farmers’ Market here Sunday.

The price of petrol and diesel went by 25 sen a litre for March under the Fuel Price Mechanism at midnight last night.

The cost of RON95 now is RM1.95 a litre, RON97 RM2.25 a litre and diesel RM1.95 a litre. – BERNAMA